GNE vs. ^SP600
Compare and contrast key facts about Genie Energy Ltd. (GNE) and S&P 600 (^SP600).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GNE or ^SP600.
Correlation
The correlation between GNE and ^SP600 is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GNE vs. ^SP600 - Performance Comparison
Key characteristics
GNE:
-0.61
^SP600:
0.36
GNE:
-0.66
^SP600:
0.65
GNE:
0.91
^SP600:
1.08
GNE:
-0.36
^SP600:
0.44
GNE:
-1.12
^SP600:
1.51
GNE:
17.12%
^SP600:
4.47%
GNE:
31.53%
^SP600:
18.95%
GNE:
-75.12%
^SP600:
-59.17%
GNE:
-52.84%
^SP600:
-10.75%
Returns By Period
In the year-to-date period, GNE achieves a -9.08% return, which is significantly lower than ^SP600's -2.10% return. Over the past 10 years, GNE has outperformed ^SP600 with an annualized return of 10.54%, while ^SP600 has yielded a comparatively lower 6.86% annualized return.
GNE
-9.08%
-1.77%
-13.49%
-18.27%
13.82%
10.54%
^SP600
-2.10%
-5.11%
-2.37%
6.74%
6.44%
6.86%
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Risk-Adjusted Performance
GNE vs. ^SP600 — Risk-Adjusted Performance Rank
GNE
^SP600
GNE vs. ^SP600 - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Genie Energy Ltd. (GNE) and S&P 600 (^SP600). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Drawdowns
GNE vs. ^SP600 - Drawdown Comparison
The maximum GNE drawdown since its inception was -75.12%, which is greater than ^SP600's maximum drawdown of -59.17%. Use the drawdown chart below to compare losses from any high point for GNE and ^SP600. For additional features, visit the drawdowns tool.
Volatility
GNE vs. ^SP600 - Volatility Comparison
Genie Energy Ltd. (GNE) has a higher volatility of 6.28% compared to S&P 600 (^SP600) at 4.61%. This indicates that GNE's price experiences larger fluctuations and is considered to be riskier than ^SP600 based on this measure. The chart below showcases a comparison of their rolling one-month volatility.